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. >>> trade deficit, import prices and consumer sentiment, three things wall street will be watching all week long. >>> plus, why is best buy taking the geek squad out on the road? for that and the rest of your news before the bell, let's turn things over to courtney reagan live at cnbc world headquarters. >> reporter: good morning to you. futures are lower this morning as the markets come off a positive week with the dow and s&p 500 both rising more than 1%. the dow is just about 550 points away from its all-time high. there's no economic data today but we'll get reports later this week on the trade deficit, import prices and consumer sentiment. earnings season also kicks off tomorrow night with alcoa's results. the dow rose 34 points friday to 13, 610. the nasdaq slipped 13 points to 3136. >>> best buy is bringing the geek squad to the worldwide web. the electronics retailer has expanded the reach of its well-known tech support team from fixing up pcs, tablets and other electronic devices. they launched the 24/7 geek squad service on ebay and is testing it at a select number of tar
. >>> trade deficit, import prices and consumer sentiment, three things wall street will be watching all week long. >>> plus, why is best buy taking the geek squad out on the road? for that and the rest of your news before the bell, let's turn things over to courtney reagan live at cnbc world headquarters. >> reporter: good morning to you. futures are lower this morning as the markets come off a positive week with the dow and s&p 500 both rising more than 1%. the dow...
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but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good job. never made herself the center of the debate. >> she started off very strong with benghazi. want to play a little bit about what the vice president said about security in benghazi. >> well, we weren't told we want more security. we did not know they wanted more security. >> explain that to me. a lot of the testimony was, in fact, the, the, the government did know. that, that, that the state department was well aware that there were requests for security. doesn't that completely contradict exactly what we just saw in i think it was wednesday's testimony? >> what the vice president
but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good...
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obama's four deficits are the four largest in us history. hes adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> fox 5 health alert now. a medical examiner says a man is dead. an autopsy confirms 47-year-old douglas winngate died last month after receiving a spinal injection connected to that nationwide outbreak. at least 184 people were made sick. >>> a minnesota woman is the first to file a lawsuit in connection with the outbreak. the woman is suing the maker of the steroid after she was given an injection for back pain and experienced symptoms consistent with fungal meningitis. she has been tested and waiting for the results. it is estimated nearly 14,000 patients have been given the tainted injections and could be at risk for developing the rare form of fungal menin
obama's four deficits are the four largest in us history. hes adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> fox 5 health alert now. a medical examiner says a man is dead. an autopsy confirms 47-year-old...
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wasn't a five-point plan, it was a five-point set of platitu platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past six years. >> i want to do that right now, erin. the low points of the debate for joe biden and paul ryan. vice president, came around 9:10 p.m. eastern, near the top of the debate. explaining the attack on the u.s. consulate in libya. >> we weren't told we want more security. we didn't know they wanted more security. by the way, at the time, we said exactly what the intelligence community told us, that they knew. that was the assessment. and as the intelligence community changed their view, we made it clear they changed their view. we said we will get to the bottom of this. >> the vice president's lowest momen
wasn't a five-point plan, it was a five-point set of platitu platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past six...
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get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is a guide who i was talking to a family in massachusetts the other day. their kids of work hid in a car crash. two of them were paralyzed. they went to the same church. mitt asked if he could come over on christmas. he brought his boys and his wife and deaths. i know you are struggling, do not worry about college, i will pay for it. mitt romney does not tell these stories. it was not the cash, he gave his time and he has consistently. this is a man who gave 30% of its income to charity, more of the two of us combined. he is a good man. he cares about 100% of americans in the country. the vice president knows that sometimes the words did not come out of your mouth the right way. [laughter] >> i always say what i mean. >> we want everybody to succeed. we want to get everybody out of poverty. we believe an opportunity. that is what we're go
get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is a guide who i was talking to a family in massachusetts the other day. their kids of work hid in a car crash. two of them were paralyzed. they went to the same church. mitt asked if he could come over on christmas. he brought his boys and his wife and deaths. i know you are...
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president, you are going to have a trillion dollar deficit. he said, i haven't done anything yet. >> we cannot keep looking our children in the eye knowing that we are going to give them a diminished future because we are spending their money today. it's a very simple idea. mitt romney and i are going to bring it to washington. we have got to spending money we don't have. we must cut spending. we must get a balanced budget. we must get this debt under control. >> this thursday night, congressman paul ryan and vice president joe biden will face off in a debate. you can watch and engauge with c-span with our life debate preview starting at 7:00 eastern. your actions, calls, e-mails, and tweets at 10:30 following our live coverage on c-span, c-span radio, and online at c-span.org. >> sunday a debate in the u.s. senate between linda mcmahon, republican, and representative chris murphy, democrat. ú >> i will not raise taxes on middle income families. >> now he says five weeks before the election, his big, bold idea, is never mind. >> it's arithme
president, you are going to have a trillion dollar deficit. he said, i haven't done anything yet. >> we cannot keep looking our children in the eye knowing that we are going to give them a diminished future because we are spending their money today. it's a very simple idea. mitt romney and i are going to bring it to washington. we have got to spending money we don't have. we must cut spending. we must get a balanced budget. we must get this debt under control. >> this thursday...
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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he held the deficit steady. how much debt has the president run up? >> $6 trillion. >> very good. $6 trillion. >> yes. and let me ask you this. what is... is that -- is that all bush's fault? >> no. what is the debt bush ran up? >> bush? okay. >> well, well... >> look. >> no. no. >> bush is gone. >> i'm not defending bush. >> bush is gone. this isn't a question of defending bush. >> sure sit. >> it's a question of putting our issues in context. contest isn't a proper. >> you're saying look. my guy ran up $6 trillion in debt. but what did bush do? come on. it's ridiculous. it doesn't matter what bush did. the job of the president now is to get the debt under control and you've got to -- . >> exactly. >> i can see why obama did badly in the debate. the altitude really is rough up here in come redistribution. do you believe it? >> do you? >> i asked first. >> i believe... >> i believe in social security. do you believe in social security. >> yes. >> so we're both socialists? >> no. no. >> social security isn't redistribution? >> no. it's not. >> you pay
he held the deficit steady. how much debt has the president run up? >> $6 trillion. >> very good. $6 trillion. >> yes. and let me ask you this. what is... is that -- is that all bush's fault? >> no. what is the debt bush ran up? >> bush? okay. >> well, well... >> look. >> no. no. >> bush is gone. >> i'm not defending bush. >> bush is gone. this isn't a question of defending bush. >> sure sit. >> it's a question of...
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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and see people grasp it. if it helps move things forward, that is my intention and i hope that's what happens. >> i want to double-check in terms of major retirement entitlement reform. one of the big issues is raising the age. are you taking it off the table? >> no, i am not taking anything off the table. i have been personally against raising the age. i continue to be. i have never on any of these issues say i will not support this bill. i don't think raising the age will happen. i think there's a lot of opposition to it. >> you just mention
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and...
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to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifteen of the next general election september's attack on the u.s. consulate in been gaza libya which killed ambassador was an organized terror act not part of a mass protest that was the bottom line of wednesday's congress hearing an incident of says responsible for the safety of u.s. grounds in libya testified security security and severely decayed had severe hatchets a decade since the ousting of nomic retired cia officer ray mcgovern says the congressmen are trying to score points and set of getting to the root of the problem. this is a political carnival this is represented trying to make political points now they're trying to get hillary clinton for a lack of understanding what security is needed that's not where they should try to get what. they should get it will be
to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifteen of the next general election september's attack on the u.s. consulate in been gaza libya which killed ambassador was an organized terror act not part of a mass protest...
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the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge expansion that lasted for decades, a building of the middle class that's the envy of the world or used to be. peter, peter morici, can this feat of rebuilding the middle class and reducing the deficit, can that happen again? >> absolutely, but we have to remember that roosevelt inherited a very small government, so expanding it wasn't the rock on the back of the private sector. a more comparable situation was reag reagan's dilemma, inherited an economy with double digit inflation and interest rates and unemployment that peaked at 10.8%, not 10 as mr. obama's did, but hy he took his stimulus in
the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge...
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the long island debate there will be a economic speech and talking about how to reduce the debt and deficit. his final speech will include his own criticism with the president. >> so much going on. on the road with the mitt romney campaign. critics say it is not enough to give hope that the country is rebounding. and the end of the year fast approaching there is a looming chris that could force our nation off of a fiscal cliff. combination of automatic spending cuts and experdition of tax cuts will force millions of americans to lose their jobs. neil cavuto is here to tell us why even though we a presidential election ahead. the fiscal cliff is bigger. >> it is certainly more immediate. this is an event that is coming. the question is are they going to do anything about it or not? both parties are waiting to see what will happen if their guy wins f. it the president wins and keeps the senate they will cobble together a deal to call for letting the income rate on the rich expire and so only their taxes go up . keep those other spending cuts in place. it is anyone's guess what president-elect
the long island debate there will be a economic speech and talking about how to reduce the debt and deficit. his final speech will include his own criticism with the president. >> so much going on. on the road with the mitt romney campaign. critics say it is not enough to give hope that the country is rebounding. and the end of the year fast approaching there is a looming chris that could force our nation off of a fiscal cliff. combination of automatic spending cuts and experdition of tax...
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will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate david cameron is calling the british public into thinking that he's actually really cutting back at the levels of debt you know and it's not true i think that the david cameron and george osborne combination. together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy a lot of the thing is a dramatic failure and unless things turn around that i think the conservative party is in for a really terrible res
will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate...
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successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul ryan was very clear. you cut tax rates, that gives you growth. listen to this exchange. >> cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mattally possible. >> it is mathematically possible. it has been done before. >> it has never been done before. >> it has been done couple times actually. lower tax rates increase growth. lower tax rates. >> now you're jack kennedy. >> well that was interrupt
successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he...
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we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's plan is, they say it is a speech. we can't estimate speeches. that is what we get with this administration. the speeches, but no leadership. mitt romney is uniquely qualified to fix these problems. and what do we have? the president broke his big promised to bring people together to solve the country's biggest problems. we don't have to settle for this. i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets have eviscerated all the things the middle class cares about. it will mock 19 million people off of medicare and k
we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's...
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there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and countries that should increase their consumption for example germany well they don't want to do that because they feeling pleasure they're not even a part of a union they are behaving as a single separate country this is the problem we have got to and of course looking to the future generation new data from greece now shows that more than fifty four percent of young people are out of a job spain is not far behind are these countries losing a lost generation or you know what they just pick up sticks and go elsewhere. well of course and in fact many people eager spain are learning german it's become the saf
there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and...
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> buried beneath all the baseball headlines, scott? >> 6-2 in the 5th right now. nats lead. >> there you go. the redskins have a pretty big game this weekend. scott is back with a look at the match-up and rg3 on the mines of all of us. >> that's been -- minds of all of us. >> that's been the big item this week. he participated fully today in practice, said there's no symptoms or setbacks. >> he wants to play. >> if you ask him, he'll tell you he wants to play on sunday. it will be a game time decision. pierre garcon is questionable with a foot ailment. we'll see on him as well. how about the opponent this weekend? it's the minnesota vikings and this is one of
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> buried beneath all the baseball headlines, scott? >> 6-2 in the 5th right now. nats lead....
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and i promise to cut the deficit in half in four years. we have four budget it is and four trillion dollar deficits. a debt crisis is coming and we can't keep spend borrowing like and spending money we don't have. leaders run to problems to fix problems. >> steve: i got this tweet. why was bush crusify biden didn't get information on the intelligence community and that is okay. >> steve: ultimately some polls went out and they did snap pollings. cnn paul ryan . cnbc. winner 20 points. >> brian: cbsdid joe biden. >> steve: they did a focus group for 50 people. >> gretchen: we have frank coming up. and we'll show you that. now the rest of the head lineups for friday. one month after ambassador stevens was ciled. lawrence pope is the new charge of affairs. he will represent. pope retired 12 years ago and an ambassador to chad and political advisor for the special command and special operations in the middle east. governor mitt romney getting a spiritual boost from billy graham. >> reverend graham added he would do everything to help him. fran
and i promise to cut the deficit in half in four years. we have four budget it is and four trillion dollar deficits. a debt crisis is coming and we can't keep spend borrowing like and spending money we don't have. leaders run to problems to fix problems. >> steve: i got this tweet. why was bush crusify biden didn't get information on the intelligence community and that is okay. >> steve: ultimately some polls went out and they did snap pollings. cnn paul ryan . cnbc. winner 20...
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especially facing a trillion dollars budget deficit and a $16 trillion national debt. jon stewart and i debated the issue on saturday. >> the reason that we invest in things like public television is that it brings educational programs to communities that would not have them. it's one of the best investments we ever made in the country. >> bill: $16 trillion and we got to pay for bill moyer. let him compete on his own. you want educational programs, watch your program! spring for the cable, all right. let him compete on his own! come on. >> bill o'reilly is identified $130 million from npr because npr should be able to compete on its own. >> bill: correct. >> bill: to be clear, national public radio, npr, is part, just part of the public broadcasting umbrella in which again it's receiving close to $450 million this year alone. assisting governor romney's weak points, president obama apparently thinks he has an opportunity with this controversy. >> finally somebody is cracking down on big bird. elmo has been seen in a white suburban, he's driving for the border. governo
especially facing a trillion dollars budget deficit and a $16 trillion national debt. jon stewart and i debated the issue on saturday. >> the reason that we invest in things like public television is that it brings educational programs to communities that would not have them. it's one of the best investments we ever made in the country. >> bill: $16 trillion and we got to pay for bill moyer. let him compete on his own. you want educational programs, watch your program! spring for...
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who knew that he was driving our deficit. we are going after that. we are going after big bird, elmo is making a run for the border, oscar is hiding out in a trash can and governor romney wants wall street to run wild again but he is going to bring down the hammer on sesame street. >> the r&b has enlisted another character the count to defend against the president's claims. the image has been making the rounds on-line that says at recent campaign events president obama mentioned big bird 8 times elmo five times while failing to mention libya or a plan to fix the economy. h in honor of the count i will say there's only 27 days left until the election. >> who would have thought elmo and big bird would make such a big smash on the campaign trail. >> we are taking another look at who is talking. last night the use of big bird in the president's campaign ad sparked a heated debate with sean hannity and juan williams. >> this was a dodge. big bird is introduced in the conversation by governor romney. >> that's the point. -- (talking over one another) >> he
who knew that he was driving our deficit. we are going after that. we are going after big bird, elmo is making a run for the border, oscar is hiding out in a trash can and governor romney wants wall street to run wild again but he is going to bring down the hammer on sesame street. >> the r&b has enlisted another character the count to defend against the president's claims. the image has been making the rounds on-line that says at recent campaign events president obama mentioned big...
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Oct 6, 2012
10/12
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CSPAN
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i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, $2.3 trillion. >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should raise taxes. i do not think the problem is that americans are not taxed enough. mr. sadler has been very candid that he would consider raising taxes on every single tax and who pays income tax is. >> that is not fair. >> if you would consider allowing all of the bush tax cuts to expire, that would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never
i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, $2.3 trillion. >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should...
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Oct 12, 2012
10/12
by
CNN
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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Oct 12, 2012
10/12
by
CURRENT
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where the hell did this deficit come from? you guys gave it to us. and you never show the policy. >> jennifer: yeah he came back from the molarky at the very start, there were a number times that it was just boom, boom. >> john: i wish i made mularkey my drinking game word -- >> jennifer: or friend. >> eliot: paul ryan didn't use the very -- especially as we were chatting a few moments ago when joe biden said you know i believe and mean what i say. well mr. vice president you just said this -- >> cenk: biden mentioned the 47% a couple of times. heated discussion continues after the break. and we'll have you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. enttv
where the hell did this deficit come from? you guys gave it to us. and you never show the policy. >> jennifer: yeah he came back from the molarky at the very start, there were a number times that it was just boom, boom. >> john: i wish i made mularkey my drinking game word -- >> jennifer: or friend. >> eliot: paul ryan didn't use the very -- especially as we were chatting a few moments ago when joe biden said you know i believe and mean what i say. well mr. vice...
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Oct 12, 2012
10/12
by
MSNBC
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopho
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you...
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Oct 13, 2012
10/12
by
FOXNEWS
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i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working? >> no! >> he said pass my health care bill. he jammed it through congress without a single republican vote. he said we need to do this 'cause we can reduce the cost of premiums by $2,500. guess what? we found just found out from the people who look at this, congressional budget office, it's $2,500 increase in our premiums thanks to obamacare. do you think it's working? >> no. >> no, it's not working. but the good news is for ohio and for our country, we have a leader who has the experience. he's got the record. he has the character and he has the policies to turn thi
i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working?...
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ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying you know we want to make the american navy smaller than it was before world war one to witness is not what the way to peace only strength is the way to peace yet paul ryan channel seemed to be out front of military for rays hinting at so prolonged stay in afghanistan action against iran even see what do you make of that why yes. he's one of the ones who says that the only way to pieces by total world domination by total military power. and. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total lie. we are wasting vast amou
ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying...
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Oct 7, 2012
10/12
by
FOXNEWS
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you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you said it in 2010, you said, i am going to extend the tax policies i have. i am not going to raise taxes because when the economy's slow and we are in recession, you shouldn't raise taxes on anyone. the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you
you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you...